Alibaba Health granted 3,881,600 restricted share units (RSUs) to 20 employee grantees under its 2024 Share Award Scheme. Each RSU represents a right to receive one share upon vesting, with a nil purchase price. The shares closed at HKD 5.02 on the grant date. The RSUs are scheduled to vest in batches over four years, with some RSUs vesting within 12 months. The RSUs are not subject to performance targets.
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